HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.39

Today's Change

-0.01 (0.42%)

Day's Change

2.38 - 2.42

Trading Volume

737,900


33 people like this.

123,784 comment(s). Last comment by yongyong88 11 hours ago

Posted by searchingmoney > 2022-05-31 18:57 | Report Abuse

you never drop by say hi

Silemak

95 posts

Posted by Silemak > 2022-05-31 19:28 | Report Abuse

Why are we so sensitive to some of these negative remark!!! For all you know most of them don’t own any Hengyuan. They are a bunch of loser jealous of others.Just ignore them!! Tks to probability, otb and others for the input.!! All the info facts and figure really help and we can judge before we invest.

Hotstuff

3,221 posts

Posted by Hotstuff > 2022-05-31 19:39 | Report Abuse

unbelievable yet so many dumbaxx think rm6 above is a good entry price... for God sake... never learned. how many times one has to tell never chase high.. sentiment is the key!

Silemak

95 posts

Posted by Silemak > 2022-05-31 19:42 | Report Abuse

I stay invested in hengyuan after reading all the facts and figures posted. And I hope you guys will continue to share , tks again !!

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-05-31 19:42 |

Post removed.Why?

Hotstuff

3,221 posts

Posted by Hotstuff > 2022-05-31 19:47 | Report Abuse

rm3.xx tak nak beli
rm4.xx tunggu jatuh dulu
rm5.xx overbought la
rm6.xx ALL IN

then.... forget about stock market. go back to work

Posted by Yawn.... Zzzzz > 2022-05-31 20:05 | Report Abuse

Just ignore this jerichomy dog, just let him bark doesn't need to reply any message. Let the dog barking with the wind,maybe HY owe him money or could lose all coffin money to hy....

smartly

6,430 posts

Posted by smartly > 2022-05-31 20:06 | Report Abuse

6.1813

Posted by Yawn.... Zzzzz > 2022-05-31 20:09 | Report Abuse

Skip all these jerichomy dog message settle, the more reply the would be happy.thos was hire by someone as keyboard warrior.

nicholas99

9,847 posts

Posted by nicholas99 > 2022-05-31 20:10 | Report Abuse

India buy so much Russia oil. US also didn't say much. Haiya.

Posted by FreshMango > 2022-05-31 20:48 | Report Abuse

Shanghai starts to dismantle fences as Covid lockdown due to END

https://www.theguardian.com/world/2022/may/31/shanghai-starts-to-dismantle-fences-as-covid-lockdown-due-to-end

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-31 20:50 | Report Abuse

Jerichomy Sure keyboard warrior only. Ia hanya cicak mengkarung.

Puiiii

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-31 20:52 | Report Abuse

Shanghai lockdown ends but ccp infighting still going on lor. You think chairman xi allows that mey. Lockdown besar besaran now!

brian3381

1,888 posts

Posted by brian3381 > 2022-05-31 21:58 | Report Abuse

Aiyo, stil quarel ah? Just switch to petron. Safer there

brian3381

1,888 posts

Posted by brian3381 > 2022-05-31 21:58 |

Post removed.Why?

williamtkb

3,216 posts

Posted by williamtkb > 2022-05-31 22:03 | Report Abuse

On paper 25cents profit. Tomorrow another 25cents will take profit again

RWG

1,051 posts

Posted by RWG > 2022-05-31 22:13 | Report Abuse

my sinopec tomorow will limit up

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-31 22:31 | Report Abuse

Here more happening. It’s like a zoo here got monkeys got ikan bilis got shark got cicak etc

probability

14,463 posts

Posted by probability > 2022-05-31 22:57 |

Post removed.Why?

Posted by searchingmoney > 2022-05-31 23:01 | Report Abuse

if got group photo, I'm sure Sultan Selangor may want to buy.

Here more happening. It’s like a zoo here got monkeys got ikan bilis got shark got cicak etc

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-31 23:26 | Report Abuse

No need la
Ask a kid scribble scribble ok la

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-31 23:48 | Report Abuse

Thanks probability!

VTrade

2,434 posts

Posted by VTrade > 2022-06-01 01:24 | Report Abuse

How many percent oil is sell under USD currently ?
Different currency give different value and is in real stock not in paper goods

Posted by GrowthCapitalist > 2022-06-01 01:52 | Report Abuse

This is seriously not good for the whole world.

Fears of further disruption to Russian oil supply are likely to continue supporting premiums, after the European Union agreed on Monday to cut 90% of oil imports from Russia by the end of this year.

90% gonna disrupt the ecosystem of oil distribution and this definitely gonna spike the price of crude oil higher perhaps more than $120. This is not only about investment but jeopardizing the ecosystem. Hmmm

Tobby

7,397 posts

Posted by Tobby > 2022-06-01 02:28 | Report Abuse

Hengyuan and Petronm drop over weak data coming out from China! Chill, if Shanghai and Beijing fully open up, things will get better!

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-01 03:59 | Report Abuse

IBs are brewing wih the news and goreng will come....

Investing_Bursa

https://www.theedgemarkets.com/article/global-refiners-falter-efforts-keep-demand?type=malaysia

4 hours ago

apple168

6,236 posts

Posted by apple168 > 2022-06-01 07:47 | Report Abuse

Don’t bullsh*t about HY profits! Chinaman will not declare higher profits and pay the extra tax to Malaysia government! How? Perhaps by commodity swap, swap the profits back to China!

apple168

6,236 posts

Posted by apple168 > 2022-06-01 07:47 | Report Abuse

Keep on Short9e HY!

Posted by investor2021trading > 2022-06-01 08:02 | Report Abuse

higher profit higher dividend! agreed?

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-01 08:03 | Report Abuse

Thanks apple! We will Hoot99 Buy99 HY today! =D

Posted by searchingmoney > 2022-06-01 08:06 | Report Abuse

there is 51/49 ownership for companies incorporated in Malaysia.

Sslee

5,587 posts

Posted by Sslee > 2022-06-01 08:11 | Report Abuse

SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
26.691
D
USD
−2.993
(−10.08%)
MARKET OPEN
29.684
PREV
26.691
OPEN
0
VOLUME
26.691 — 26.691
DAY'S RANGE

Sslee

5,587 posts

Posted by Sslee > 2022-06-01 08:15 | Report Abuse

WTI crude futures bottomed around $115 per barrel, a dramatic reversal from its daily highs of nearly $120 as investors reacted to headlines suggesting that OPEC is considering suspending Russia's participation in the cartel, which could pave the way for other producers to pump more crude into markets. The market movement contrasts with the bullish sentiment seen during most of the session after EU leaders reached an agreement to ban 90% of Russian crude by the end of the year. The embargo covers Russian oil brought in by sea while keeping a temporary exemption for pipeline crude to appease countries such as Hungary, which opposed a total ban. Still, WTI crude recorded a sixth straight month of gains, the longest winning streak in more than a decade amid tight supplies due to the Russian invasion of Ukraine at a time when economies were raising consumption following the relaxation of coronavirus-induced restrictions.

Posted by yapccc123 > 2022-06-01 08:18 | Report Abuse

Crack spread drop to 26usd. byeeeee and Runnnnnn

nicholas99

9,847 posts

Posted by nicholas99 > 2022-06-01 08:18 | Report Abuse

arab won't pump more. unless US threaten them. but if young prince berkuasa, i don't think he will obey US.

nicholas99

9,847 posts

Posted by nicholas99 > 2022-06-01 08:43 | Report Abuse

fire hengyuan hedge manager. hire me. :)

Posted by Investmalaysiaa > 2022-06-01 08:46 | Report Abuse

Agreed with apple168. The loss in derivatives is probably win by their counterpart in china

Sslee

5,587 posts

Posted by Sslee > 2022-06-01 09:00 | Report Abuse

High energy cost will destroy economy recovery and without economy recovery people will have less money to spend, travel, invest and etc.
The good balance is for crude oil at USD75 - 100 per barrel and crack spread between USD 15 -25 per barrel.

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-06-01 09:04 | Report Abuse

hoot9e

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-01 09:14 | Report Abuse

Thanks apple! everytime you call sell HY up!!!! please call more often!!! =D

VincentTang

1,203 posts

Posted by VincentTang > 2022-06-01 09:26 | Report Abuse

The worst is over for HengYuan now. Good timing to buy and top up HengYuan now. Execellent quarters result ahead.

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-06-01 09:32 | Report Abuse

Squeeze the shorts!
Make the shorties lose!

RWG

1,051 posts

Posted by RWG > 2022-06-01 09:39 | Report Abuse

brent crack 26.91 drop 9696 liao

probability

14,463 posts

Posted by probability > 2022-06-01 09:51 | Report Abuse

You guys needs to see bigger picture - Complex refinery like HY can selectively control yield of gasoline and diesel

HY has the ability to produce Diesel at yields of 45%

i suggest you guys monitor DIESEL SPREAD too which shot up by 7 USD/brl today

DIESEL CRACK SPREAD:

https://www.tradingview.com/chart/?symbol=NYMEX%3AGZ1!


a slight lower oil price is good as it would not dampen demand while maintaining high crack

always remember we only need 13 USD/brl average crack spread

gladiator

667 posts

Posted by gladiator > 2022-06-01 09:52 | Report Abuse

Foreign funds participation in KLSE yesterday at 67% Retail net sold 37 millions shares should include Hengyuan at opening RM6.00 so who is buying yesterday at RM6.00? Foreigner or local institution?

nicholas99

9,847 posts

Posted by nicholas99 > 2022-06-01 09:52 | Report Abuse

sure foreigner buy la. so cheap. they only see the revenue.. profit is sooner or later.

nicholas99

9,847 posts

Posted by nicholas99 > 2022-06-01 09:54 | Report Abuse

no revenue, you want high profit is impossible. turn to profit from revenue is relatively easier.

probability

14,463 posts

Posted by probability > 2022-06-01 09:56 | Report Abuse

and for PETRONM a simple refinery which produces MORE THAN 30% Fuel Oil yield:

FUEL OIL CRACK SPREAD:

https://www.tradingview.com/symbols/NYMEX-SF31!/

I hope i3 members here truly develop some intelligence on the fundamentals and dynamics of these crack spread and its importance to bottom line of these refineries

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